Which Insiders Are Selling Chipotle Mexican Grill, Inc. (CMG)?

Oct 26, 2017, 00:27
Which Insiders Are Selling Chipotle Mexican Grill, Inc. (CMG)?

Lmm Lc reported 1,060 shares.

"The analysts wrote, "We maintain our Buy rating on Chipotle Mexican Grill (CMG), though lower our price target to $400, from $420 following the release of 3Q17 (September) results". As per Wednesday, October 21, the company rating was maintained by Wedbush. The stock has "Buy" rating by Mizuho on Monday, July 17. (NYSE:CMG) has "Market Perform" rating given on Wednesday, March 16 by Cowen & Co. (NYSE:CMG) appreciated by 1.2% at $324.3, after hitting low of $318.25 in an intra-day trade.

The simple moving average is the most common method used to calculate the moving average of prices.

Chipotle executives mentioned queso about two dozen times on its earnings call, the second straight quarter that the Tex-Mex favorite has been the focus of management discussion. The 12-month average price target stands at $174.53, marking a 6% upside from where the stock is now trading. Pennsylvania-based Private Wealth has invested 0.1% in Chipotle Mexican Grill, Inc.

Chipotle on Tuesday reported third-quarter earnings that missed analysts' forecasts following recent hurricanes and costs related to a data breach. Chipotle Mexican Grill, Inc.

The fast-casual chain reported earnings per share of $0.69 and adjusted EPS of $1.33, missing analysts' forecast for $1.63 according to Bloomberg.

Chipotle Mexican Grill, Inc. has a beta of 1.75, offering the possibility of a higher rate of return, but also posing more risk. Revenue during the quarter was $1.17 billion, representing 17% growth from $998.38 million in year-ago quarter.

In order to increase training and create innovations around Chipotle's menu and its digital-ordering platform, however, chief restaurant officer Scott Boatwright said he's asked the company's development team to ease off on the pace of new openings over the next 12 to 18 months. Equities analysts expect that Chipotle Mexican Grill will post $7.34 earnings per share for the current fiscal year. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of worldwide copyright & trademark laws. If you are viewing this piece on another domain, it was illegally copied and republished in violation of United States & worldwide trademark & copyright legislation.

About 8.28M shares traded or 584.30% up from the average. 83 funds opened positions while 138 raised stakes. In the past year there have been a total of 15 insider trades, including 14 open market buys and 1 sells. Standpoint Research upgraded shares of Chipotle Mexican Grill from an "underperform" rating to a "hold" rating in a report on Friday, August 25th. Utah Retirement System has 0.04% invested in Chipotle Mexican Grill, Inc. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 406 shares of the restaurant operator's stock valued at $140,000 after purchasing an additional 55 shares in the last quarter. Korea Investment CORP increased its stake in Chipotle Mexican Grill by 140.2% during the 2nd quarter. The stock declined 0.68% or $1.07 reaching $156.04 per share. Institutional investors and hedge funds own 90.01% of the company's stock. It improved, as 43 investors sold Chipotle Mexican Grill, Inc. shares while 160 reduced holdings. The Company's Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads.

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